posted on Dec, 6 2012 @ 12:08 PM
I noticed that that graphic has a significant flaw in it. It assumes that everyone will be able to pay the higher tax rates. There are already many
people in this country living pay check to pay check and when these tax rates go up, they won't be able to afford the amounts. So what's going to
happen? They won't pay it and probably end up filing for one of the bankruptcy chapters.
So in my opinion, the deficit reduction shown in that graphic is being generous.